Justin Sun announced an agreement with FTX that would allow TRX holders to swap their assets In lieu of this, social engagements and mentions for Tron increased along with its weighted sentiment On 10...
Tag: Losses
Realized Bitcoin losses spike as Grayscale GBTC trades at less than $10k BTC equivalent
Bitcoin investors have locked in the fourth-largest spike in realized losses in 2022 during the current market downturn. Over $1 billion dollars has been locked in since Nov. 9 as investors panic sell...
Chiliz holders have a cause to smile after the losses incurred, here’s why
Chiliz confirmed that its new Proof-of-Staked-Authority chain was in its testnet phase. The recent market correction caused the price of CHZ to rally and put many of its holders in profit. Dubbed the ...
Bitcoin Price Prediction: BTC at Two-year Low, Buyers Trying to Recover Their Losses
The price of bitcoin hit a two-year low of $15,588 amid the current crisis. Amid the recent price correction, the bulls again found a higher price rejection at the 20 hourly SMA. The market cap is gre...
Matrixport reveals FTX exposure; 79 users incurred losses as result
Matrixport, a crypto financial services platform that bills itself as a neo-bank, revealed to clients that two of its products have exposure to FTX. Matrixport’s bitcoin fixed income prod...
Market Losses Can Reduce Your Tax Bill for Years. Here’s How.
This year’s market mayhem could shave your tax bill for years to come. With just weeks to go, 2022 is poised for steep negative annual returns in both stocks and bonds, a correlated collapse that has ...
These Celebs are Staring at Massive Losses
With the downfall of cryptocurrency exchange FTX, many associated sports stars could end up rueing the day they got involved with Sam Bankman-Fried. Sam Bankman-Fried seems one swing away from strikin...
Crypto trading firm GSR will cover client losses from FTX collapse, will no longer trade on Huobi
Crypto trading firm GSR told employees that the firm has no exposure to Alameda Research and “manageable exposure” to FTX following the crypto exchange’s collapse. “We re...
Crypto Firm Bakkt Reports $1.5B in Impairment Losses in Q3
Georgia-based crypto trading company Bakkt Inc has released the results of its third quarter ending September 30, showing a net revenue of $12.9 million increase of 41% year-over-year. The trading pla...
Hut 8 Q3 losses miss estimates, hashrate jumps 10%
Bitcoin miner Hut 8 missed third-quarter estimates with $23.7 million in net losses compared to the estimated $19.4 million. Revenue of $31.7 million compared to the $36.3 million average analys...
Terra Classic gains over 10% despite the crypto market hit by heavy losses
Terra Classic (LUNC) continues to gain despite the fact that the entire cryptocurrency market continues to feel the devastating effects of the crisis related to the crypto exchange FTX. LUNC is curren...
Bitcoin losses continue after Binance quits FTX deal
Crypto markets continued to fall Wednesday, with news that Binance won’t buy FTX, fueling additional declines as U.S. equities markets closed. The day’s losses have been fueled by gr...
LUNA dwarves FTX in terms of losses but the worst is yet to come
The fallout from FTX’s insolvency has already shaken the crypto industry to its core. After several days of speculation about the state of FTX’s balance sheet, the exchange yielded and admitted defeat...
Genesis reports losses of around $7 million after hedging against market volatility
Crypto trading and lending firm Genesis Trading reported losses of around $7 million “across all counterparties” that include Alameda Research after it hedged and sold collateral on Tuesda...
Traders share pain of potential losses in FTX collapse
Crypto traders took to Twitter to express shock and disappointment in the wake of crypto exchange FTX’s collapse. The industry’s history is riddled with major collapses, with many no...
The crypto Ripple Suffered Losses by Percentage
Bitcoin Analysis The aggregate cryptocurrency market experienced one of the most volatile trading days arguably in years on Tuesday. BTC’s price followed suit Tuesday and lost -10.1% of its value and...
We’re fed up after Disney’s terrible quarter and streaming losses. It’s time for some big changes
Disney (DIS) reported weaker-than-expected fiscal fourth-quarter results after the closing bell Tuesday. We are shocked and stunned by the poor performance, and we’re certainly not alone. The st...
More Losses For Tiger Global From Its FTX Investment
Chase Coleman’s Tiger Global Management invested in the FTX crypto exchange at a $32 billion valuation. © 2017 Bloomberg Finance LP Tiger Global Management appears to have just taken another hit...
Europe’s Carmakers Brace For 2023, While VW Volume Brands Could Lose Money
Recession ahead – road sign warning concept Getty Europe’s carmakers have already written off 2022 as a down year for volumes, despite many posting increased profits in the third quarter. But an...
Avoid Self-Inflicted Losses In A Down Market
Ways investors can help avoid self-inflicted losses in a down market. getty Declines in the financial markets are an uncomfortable part of investing. Taking steps to plan ahead of a market decline is ...
Huobi Exchange in Huge Losses After pNetwork Delays the White Hack Attack Communication – crypto.news
Huobi and the pNetwork Team clash over a GALA coin smart contract vulnerability following a white hack execution by pNetwork that resulted in losses for the exchange. Huobi Count Losses via pNetwork ...
Coinbase Facing Losses In Its Third Quarter Earnings Report
The United States’ largest cryptocurrency exchange platform, Coinbase, announced its third quarter earnings, which show a decline in the profits. Due to weak market conditions and lawsuits filed again...
Hacktober Finished With $657 Million Losses From Crypto Exploits
Last month was quite spooky for the crypto industry as it saw the highest number of DeFi hacks this year. While October was expected to be “Uptober,” it quickly turned to “Hacktober” as cyber crimina...
DraftKings stock suffers worst day on record as ‘patience remains thin’ with gambling company’s losses
Shares of DraftKings Inc. suffered their worst daily performance on record Friday, after the sports-betting company topped revenue expectations but appeared to spook investors with its discussion of c...
San Francisco hardest hit city for crypto job losses
A research study of crypto layoffs across the world by CoinGecko has found that the hardest hit cities are San Francisco, Dubai, and New York. Crypto winter leads to layoffs The crypto sector has suff...
Bitcoin bulls face $21K sellers as BTC price wipes out Fed FOMC losses
Bitcoin (BTC) headed toward $21,000 on Nov. 4 as bulls attempted to reclaim lost ground. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView...
Coinbase Cuts Q3 Losses in Half, Sees Crypto Headwinds Continuing Into 2023
For 2022, Coinbase said it remains “cautiously optimistic” that it will operate within the $500 million adjusted EBITDA loss guardrail that it previously shared, based on the assumption th...
BNB investors should read this before cutting their losses in November
BNB, like most other cryptos in the market, registered a promising performance over the last few weeks, thanks to the bullish market condition. Not only did BNB’s price increase by more than 15% in th...
Ethereum Price Extended Losses But It’s Too Early to Say Bulls Have Given Up
Ethereum extended its decline after the fed rate decision against the US Dollar. ETH tested the $1,500 support and is currently correcting losses. Ethereum extended decline below the $1,550 support zo...
Opinion: Tesla investors have been the biggest losers in Elon Musk’s Twitter deal, and those losses continue
Twitter users have complained a lot about Elon Musk’s early moves after taking control of the social network, but their complaints seem tiny compared with what Tesla Inc. investors have had to suffer....